Tag: fine
Denmark’s gaming operator issues two fines over the promotion of unlicensed...
Denmark's gambling authority Spillemyndigheden has issued two fines to two operators for their unlicensed operations in the country.
The fines, which total DKK100,000 (£11,612), were...
Bank of Lithuania hands Contis €840,000 fine over AML shortcomings
The Bank of Lithuania has fined fintech firm Contis (formerly Solaris) with €840,000 over allegations of AML breaches.
In a press release translated into English,...
FCA gives Al Rayan Bank $4mn AML failings fine
A penalty of more than £4mn has been issued to Al Rayan Bank by the FCA in connection to AML control failings.
The regulator detailed...
Binance AU hit with £2.2m sanction over spam breaches
Cryptocurrency exchange Binance Australia has paid the Australian Communications and Media Authority (ACMA) $2,200,220 as an infringement notice bailout related to spam charges.
A seven-month...
PSR fines Barclays £8.4m for misleading retailers
Barclays Bank has been fined £8.4m by the Payment Systems Regulator (PSR) for lack of transparency with its card service fees.
According to the PSR,...
PayPal backtracks on new misinformation policy
Elon Musk’s co-founded payments giant PayPal has backtracked on its policy to penalise users for spreading ‘misinformation’.
As users sought clarity on what exactly the...
Fintech head sanctioned by the DFSA
Coworth Fintech owner Stuart Coles has been hit with a $240,000 fine by the Dubai Financial Services Authority (DFSA).
Coles, who is also the director...
AML failings lead to £9.4m fine for 888
Betting and gaming operator 888 has been fined £9.4m by the UK Gambling Commission (UKGC) following failures in the firm’s AML and social responsibility...
